CAMBRIDGE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COSTS OF CARE INC, founded in 2009, is a micro nonprofit in the Health Care sector that reported $98K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $190K exceeded revenue, resulting in a 94% operating deficit.
COSTS OF CARE IS DEDICATED TO CULTIVATING CHANGE AGENTS WHO WILL LEAD THE CREATION OF A MORE AFFORDABLE AND EQUITABLE HEALTH SYSTEM. COSTS OF CARE DIRECTS THE STARS PROGRAM FOR MEDICAL STUDENTS, CATALYZING GRASSROOTS, STUDENT-LED INITIATIVES TO ADVANCE HEALTH CARE VALUE IN MEDICAL EDUCATION. COSTS OF CARE OFFERS A FELLOWSHIP TO HEALTHCARE PROVIDERS WHO WANT TO WORK WITH NATIONAL LEADERS IN PROMOTING DISCUSSION, TRAINING, AND DISSEMINATION EFFORTS TO IMPROVE THE DELIVERY OF MORE AFFORDABLE AND VALUE-BASED HEALTHCARE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $97,920 | $183,476 | -0.5% |
| Expenses | $190,092 | $150,167 | +0.3% |
| Net Income | $-92,172 | $33,309 | -3.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NEEL SHAH | CHAIRPERSON (THRU 6/1/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| VINEET ARORA | DIR./CHAIRPERSON (BEGAN 6/1/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELE RHEE | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN GORDON | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ANITA SAMARTH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DANIEL WOLFSON | DIRECTOR (BEGAN 6/1/24) | 0.50 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER MORIATES | EXECUTIVE DIRECTOR | 4.00 |
Officer
|
$15,250 | $0 | $15,250 |
| SEPTEMBER WALLINGFORD | DEPUTY DIRECTOR | 15.00 |
Officer
|
$42,250 | $0 | $42,250 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $97,920 | $190,092 | $69,689 | $-92,172 |
| 2023 | $183,476 | $150,167 | $163,661 | $33,309 |
Compare COSTS OF CARE INC with other nonprofits in Massachusetts and across the country.